The debt crisis of 1982 caused serious economic disruptions in most developing countries. Reform, Recovery, and Growth explains why some of these countries have recovered from the debt crisis, while more than a decade later others continue to stagnate. Among the questions addressed are: What are...

Colombia is somewhat unique in this series, in that it was never a centralised, communist state. Nonetheless, it does share some of the characteristics of the centralised socialist economies since the reins of power remained in a small clique which denied access to other parts of the society....

Both OECD and developing economies have embarked on structural reforms aimed at dismantling regulations and reducing the extent of distortions affecting different sectors of their economies. Regardless of the marked differences, both groups have to deal with the problems of the appropriate...